Posts Tagged ‘Boyd Gaming Corp’

Atlantic City's stagnant gaming market means that Borgata Hotel Casino & Spa is still the newest place in town, even though it is approaching 8 years old.

But Borgata won't hold that distinction much longer. The $2.4 billion Revel megaresort, rising at the northern end of the Boardwalk, will open in mid-2012 to finally break the casino drought.

Revel's upscale casino is expected to compete for the same well-heeled customers who now gamble at the posh Borgata, so Borgata is giving itself a fresher look to fight its younger rival.

Boyd Gaming Corp., Borgata's parent company, is spending about $50 million to renovate the casino's 2,000-room hotel tower. More than 300 suites were redesigned last year. Renovations are now under way on 1,600 regular guest rooms, hallways and other parts of the hotel. Completion is scheduled for summer 2012, about the same time Revel will open.